Anglo announces latest De Beers’ rough diamond sales value
Published by Will Owen,
Editor
Global Mining Review,
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ sixth sales cycle of 2023, amounting to US$410 million.
The provisional rough diamond sales figure quoted for Cycle 6 represents the expected sales value for the period 10 and 25 July and remains subject to adjustment based on final completed sales.
Al Cook, CEO of De Beers, said:
“In line with seasonal trends, rough diamond sales continued at a lower level during the sixth sales cycle of the year. Participants in the diamond industry’s midstream sector continue to take a cautious approach to purchases in light of ongoing macroeconomic challenges.”
Read the article online at: https://www.globalminingreview.com/finance-business/31072023/anglo-announces-latest-de-beers-rough-diamond-sales-value/
You might also like
American Pacific engages drill contractors ahead of fully-funded 15 000 m programme at the Madison Copper-Gold Project
American Pacific Mining Corp. has announced that it has secured drilling contracts with two contractors to complete Phase I of a combined reverse circulation (“RC”) and diamond core programme totalling approximately 15 000 m during 2026 at its Madison Copper-Gold Project in Montana, scheduled to commence in May.